Staff Reports
President Joe Biden is playing keep-away with the country’s piggy bank, hoping to safeguard billions of dollars in climate spending and other pet projects from the menacing shadows of a potential Donald Trump return to the White House. The President seems to be treating these funds like a secret stash of candy, hiding them away for a rainy day.
Biden Aims to Shield Hundreds of Billions of Dollars of Spending to Preserve His Legacy from Trump!https://t.co/xdSAimv3Zp
— MDM (@ARascallion) May 8, 2024
As Biden celebrates Amtrak’s 50th birthday bash, he’s also busy planning to shower the passenger train system with an eye-popping $80 billion in federal funds. That’s a lot of train tickets! Choo-choo!
According to sneaky sources who whispered to Politico, these bills Biden has up his sleeve contain a whopping $1.6 trillion in “greenifying” the economy, fixing up roads, bridges, and even trying to out-tech China. It’s a real spending spree!
But hold your horses – or should we say, hold your trains – because not all the cash has left the station yet. Politico reports that only a fraction of the moolah has been splurged. Less than 17% of the $1.1 trillion meant for climate, energy, and infrastructure investments has been doled out. It’s like buying a whole cart of ice cream and only taking a lick!
Now, the White House’s senior clean energy adviser is in a hurry-scurry, trying to pass out the money like candy on Halloween night before a possible Trump takeover. The former President has made it clear he’d slam the brakes on any spending he deems wasteful. It’s like a financial tug-of-war between the blue and the red.
If Trump ever makes his grand return, his team vows to ax Biden’s electric car mandates, claiming it will save the auto industry and bring down costs faster than a rollercoaster. It’s a showdown between more green or more greenbacks.
So, as the money sits waiting in limbo, it remains to be seen if Biden can cash in on his big plans before the political pendulum swings back to the other side of the aisle. Hold on tight, folks – the ride’s just getting started!
